Multinational firm in tax-avoidance scheme to pay up

Reuters – Mexico’s tax collection agency (SAT) has reached a deal with a multinational company at the center of a tax-avoidance investigation, and the latter will make a ‘substantial’ payment soon. The company was not named, but Reuters reported that toymaker Hasbro, along with household product maker Procter & Gamble, were at the heart of the tax probe.